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muhammedbash

29 karma · joined May 6, 2014

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muhammedbash··on Scientists unlock brain's natural clean-up system for new treatments for stroke
Is this this something that can help with autism symptoms?
muhammedbash··on Anti-aging breakthrough: Stem cells reverse signs of aging in monkeys
Too late... Putin is already all over this. No need for organ transplants :)

150 is the new 70

muhammedbash··on Melvyn Bragg steps down from presenting In Our Time
I hate to say this out loud but I keep going back to some particular episodes to help me nod off when insomnia grips. I'm not sure I know how the episode on the gold standard ends and I must have listened to it more than 10 timss.
muhammedbash··on Melvyn Bragg steps down from presenting In Our Time
That was the first episode i listened to and got hooked after that.
muhammedbash··on Tether starting to lose its peg too, after Terra did
They don't have to stick the entire $80bn in one bank.

It is the lack of transparency around the CP that is raising eyebrows. Why can't Tether list the papers they are invested in? It is such a simple thing to do.

Could be all their CP holdings are in one company :)

muhammedbash··on UST Stablecoin Loses Dollar Peg
Selling options is not riskless. They would be collecting pennies until there is a big market move and they are on the hook for dollars.
muhammedbash··on Russian central bank confirms block on foreign bids to sell Russian securities
The 1% analog is redundancy in traditional currencies. Outside the developed economies a huge chuck of transactions is still done with physical cash.

I imagine it would be a lot more convenient to have some hard currency at hand when fleeing a conflict zone. One might need to bribe border guards at some remote location with unreliable (or non-existent) internet connection, to get to safety.

muhammedbash··on Russian central bank confirms block on foreign bids to sell Russian securities
what happens when the telecomms infrastructure is hit and shuts down? or when there is no power?
muhammedbash··on NFT projects are just MLMs for tech elites
I wouldn't say NFTs are money laundering - there are some interesting use cases. But the setup of NFT makes it easy for say a drug dealer to conduct business on the blockchain and launder earnings by selling "digital art" to his customers.
muhammedbash··on Java 17 / JDK 17: General Availability
I use the lombok plugin with IntelliJ, it eliminates tedious parts of some code.

Some times one needs to create new objects return multiple related items from a function. Or use a collection or array. I think it is unnecessary. Other languages (e.g. go or python) have had this for a while now. I taking a wild guess here LISP probably had it since the 1970s.

muhammedbash··on Java 17 / JDK 17: General Availability
I am thinking of something more like go language or python.

In go you can do this:

function (x, y int) (sum, prod int) { return x+y, x*y }

It makes a big difference when one is using the same input to generate multiple related outputs.

muhammedbash··on Java 17 / JDK 17: General Availability
Something I would like to see in Java is for functions to return multiple (named?) values. I think it will reduce boiler plate code considerably.
muhammedbash··on Coinbase’s listing may break records
CBOE has a market cap of $10 billion (on revenues of $3 billion) ICE has a market cap of $66 billion (on revenues of $8 billion)

Coinbase's market cap is going to be higher than both exchanges combined - while doing a fifth of the revenue.

muhammedbash··on Coinbase’s listing may break records
Could an existing exchange like say ICE or CME jump into the fray to service institutional investors? They already have much of the infrastructure to handle much larger trading flows than Coinbase. Talent/tech required to compete could be aqui-hired
muhammedbash··on Coinbase’s listing may break records
This valuation is insane. $100 billion for a company that is doing approx $2 billion in annual revenues.

I know that investors are pricing in future earnings potential - but this valuation seems like drinking too much Kool Aid to me.

Competition will change Coinbase's future profitability. Coinbase cannot get away with charging such high commissions/fees for much longer. The entry barriers to setting up crypto exchanges aren't that high. There are plenty of opportunities for people to step with the single USP of lower fees/commissions than Coinbase.

muhammedbash··on Ask HN: Blockchain type system for systems testing
I am trying to pass a token round and only one person can hold that token at time i.e. it's your turn to do some work and when you are done pass then token on to the next person in line.

I am not sure we need the distributed timestamping elements for now. I probably have the techniques mixed up

muhammedbash··on Cool Derivatives and Bank Consultants
A stop loss is one way of having downside protection but you would use a put option for temporary downside protection i.e. the market can move against you in the short term and rebound. If you had a stop loss, you can prematurely close your position; with the put you have some insurance for the short term which allows you hold on to your position for a rebound.
muhammedbash··on Quoc Le’s Lectures on Deep Learning
brilliant! thanks for this.